I was recently able to attend a town meeting of sorts. Five Star Development held an open house to discuss their project with the Ritz Carlton. There has been quite a bit of controversy over the use of the 105 acres on the corner of Indian Bend and Scottsdale Road. Five Star wants to be sure that the residents of Paradise Valley have accurate information on the proposal and they provide an opportunity for questions and answers after their presentation.
Scottsdale-based Five Star and many residents feel that the addition of a Ritz Carlton to Paradise Valley will continue to tradition of PV’s resort history. Ritz Carlton continues to remain synonymous with luxury and first class service.
The developers have gone back to the drawing board several times after concerned neighbors voiced their opinions. Five Star desires for the resort to seemlessly blend into its surrounding. Only 24% of the land will have building coverage which includes estate homes, estate home-sites to be built, villas and the hotel core and no building shall be higher than 2 stories. The perimeter of the project will be built first to allow privacy and the landscaping to mature. If you take a good look at the proposed site plan you will notice that the 1 acres home sites mirror the one acre home sites that neighbor the property. In the area where the property is surrounded by medical and office buildings and another resort is where the 2 story villas shall be located. The hotel core is located in the center of the project and will not be visible from the street.
The hotel will generate approximately $2 million in taxes for the town of Paradise Valley as well as 450 jobs.
Despite what some think, a vote NO on Proposition 411 will not put the plans back on the drawing board for changes. A vote no means NO Ritz Carlton in Paradise Valley. If you would like to be more informed please contact me.
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